Analysis & Opinion

Banco do Brasil SA, the country's largest state-run lender,
expects its regulatory capital index to rise by 1.37 percentage
point should the central bank approves as capital funding
instrument proceeds from the sale of more than 5.2 billion reais
($2.6 billion) in subordinated local debt and $2 billion in
perpetual subordinated global bonds, according to a securities
filing on Friday.